Newsroom

Stefan Winners, CEO at TOMORROW FOCUS AG, informed the Supervisory Board today that he does not intend to renew his contract with the company when it expires on 31 December 2012.

TOMORROW FOCUS AG recorded further strong growth in the first three quarters of 2011. According to the definitive results, both consolidated revenue and the key figures for Group earnings were well up on the same period in 2010.

TOMORROW FOCUS AG has sold 35.86 percent of its stake in AdJug Ltd. to international media and advertising group Dentsu Inc, who is strengthening its New York-headquartered digital technology division IgnitionOne, giving it an 80 percent stake of AdJug. As a result, TOMORROW FOCUS AG’s stake in the London-based online marketing firm AdJug was reduced from 55.86 percent to 20 percent. AdJug’s founders, Michael Stephanblome and Satish Jayakumar, will continue to run the company. TOMORROW FOCUS and IgnitionOne will enable AdJug to aggressively expand its global footprint.

According to the final results, both consolidated revenue and the key figures for Group earnings were well up on the same period in 2010.

Annet Aris and Philipp Welte were elected to succeed Jean-Paul Schmetz and Helmut Markwort on the Supervisory Board.

According to the definitive results for the first quarter, both consolidated revenue and the key figures for Group earnings were well up on the same period in 2010.

In April, TOMORROW FOCUS AG successfully restructured its borrowings by means of a EUR 36.5 million financing package

TOMORROW FOCUS AG’s results for the financial year 2010 are the best in the company’s history.

TOMORROW FOCUS AG has acquired the remaining 49.01 percent of jameda GmbH. The purchase was effective from 3 February 2011.

TOMORROW FOCUS AG has acquired the remaining 40 percent of Finanzen100 GmbH from former shareholders StS GmbH, Inobas GmbH and Gereon Steffens.